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30.09.2011
ALF Group Holdings AG - Update
ALF Group Holdings AG - Update
We wish to confirm that shareholders have continued to provide details over the past week and a half.
We wish to confirm that the German bank which will be distributing the final offer has confirmed they will be ready to distribute late next week.
We further confirm that the first of three takeover offers on Equititrust is ready to be sent to the company next week. ALF Finance and Investments has written to the targets largest shareholder and former chairman and invited a private discussion before sending out the offer. The results of that discussion will determine which version of the offer will be submitted.
ALF Finance and Investments today filed all relevant documents with the corporate regulator to change the company from a private company to a public company. We expect this process to take 7 to 14 days.
Immediately upon the company being registered as a public company the Information memorandum will be available to professional investors wishing to subscribe for pre IPO shares. Pre IPO shares will be issued at 1/5th the IPO listed price, with free trade on 25% of shares on IPO.
For further information please contact:
ALF Group Holdings AG
Level 29, Chifley Tower, 2 Chifley Square
Sydney, NSW 2000, Australia
Website: www.alfgroupag.com
Email: info@alfgroupag.com
Legal Disclaimer
This press release contains forward-looking statements based on beliefs of ALF management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. ALF disclaims any intention or obligation to update these forward-looking statements.
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Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671</a>
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We wish to confirm that shareholders have continued to provide details over the past week and a half.
We wish to confirm that the German bank which will be distributing the final offer has confirmed they will be ready to distribute late next week.
We further confirm that the first of three takeover offers on Equititrust is ready to be sent to the company next week. ALF Finance and Investments has written to the targets largest shareholder and former chairman and invited a private discussion before sending out the offer. The results of that discussion will determine which version of the offer will be submitted.
ALF Finance and Investments today filed all relevant documents with the corporate regulator to change the company from a private company to a public company. We expect this process to take 7 to 14 days.
Immediately upon the company being registered as a public company the Information memorandum will be available to professional investors wishing to subscribe for pre IPO shares. Pre IPO shares will be issued at 1/5th the IPO listed price, with free trade on 25% of shares on IPO.
For further information please contact:
ALF Group Holdings AG
Level 29, Chifley Tower, 2 Chifley Square
Sydney, NSW 2000, Australia
Website: www.alfgroupag.com
Email: info@alfgroupag.com
Legal Disclaimer
This press release contains forward-looking statements based on beliefs of ALF management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. ALF disclaims any intention or obligation to update these forward-looking statements.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0121325671</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.